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  • The Red Sea Development Company Finalizes Contract for 100 Percent Renewable Utilities

    9 days ago - By Global Traveler

    The Red Sea Development Company recently finalized its utilities deal with a consortium led by ACWA Power for The Red Sea Project , setting the development as the largest tourism project in the world set to be powered solely by renewable energy.
    The consortium secured financing to design, build and operate TRSP's utilities infrastructure for 25 years, including providing 100 percent renewable power 24/7; potable water; wastewater treatment; solid waste management; district cooling; telecommunication; and data services.
    TRSDC will be the sole recipient of services for the next 25 years...
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